{"id":39769,"date":"2024-03-01T17:06:51","date_gmt":"2024-03-01T11:36:51","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-e-v-archdiocesan-board-of-education-2023456-itr-453-155-taxmann-com-82-karnhc\/"},"modified":"2024-03-01T17:06:51","modified_gmt":"2024-03-01T11:36:51","slug":"pcit-e-v-archdiocesan-board-of-education-2023456-itr-453-155-taxmann-com-82-karnhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-e-v-archdiocesan-board-of-education-2023456-itr-453-155-taxmann-com-82-karnhc\/","title":{"rendered":"PCIT (E) v. Archdiocesan Board of Education (2023)456 ITR 453 \/155 taxmann.com 82 (Karn)(HC)"},"content":{"rendered":"<p><em>\u00a0<\/em><\/p>\n<p>Dismissing the appeal of the Revenue the Court held that\u00a0 it was not in dispute that no action had been taken pursuant to notice under section\u00a0148\u00a0of the Act dated April 18, 2013. The notice related to the assessment year 2008-09. Hence, the second notice dated March 31, 2015 was unsustainable in law. Sub-section\u00a0(2)\u00a0of section\u00a0153\u00a0of the\u00a0Income-tax Act, 1961\u00a0as it stood prior to amendment, relevant to the assessment year 2008-09 provides that no order of assessment, reassessment or re computation shall be made under section\u00a0147\u00a0after the expiry of one year from the end of the financial year in which the notice under section\u00a0148\u00a0was served. \u00a0Referred\u00a0 Marwadi Shares and Finance Ltd v. Dy.CIT \u00df(2018) 4007 ITR 49 (Guj)(HC) (AY.2008-09)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 148 : Reassessment-Notice-Limitation-Time-limit of  one year from end of  financial year in which notice of reassessment was served. [S. 147, 153(2)]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-39769","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-alr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=39769"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39769\/revisions"}],"predecessor-version":[{"id":39770,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/39769\/revisions\/39770"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=39769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=39769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=39769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}